WVS Financial Corp. (NASDAQ:WVFC) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 5,300 shares, a growth of 165.0% from the September 30th total of 2,000 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 5.3 days. Currently, 0.4% of the company’s shares are sold short.
Separately, ValuEngine cut WVS Financial from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th.
NASDAQ WVFC traded down $0.34 on Wednesday, reaching $15.98. The company had a trading volume of 400 shares, compared to its average volume of 1,962. WVS Financial has a 1 year low of $13.88 and a 1 year high of $18.44. The firm has a 50-day moving average of $15.68 and a 200-day moving average of $16.67. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 4.74.
WVS Financial (NASDAQ:WVFC) last released its quarterly earnings results on Friday, October 25th. The bank reported $0.45 earnings per share for the quarter. The firm had revenue of $1.91 million during the quarter. WVS Financial had a return on equity of 8.14% and a net margin of 22.50%.
The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Monday, November 11th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date is Thursday, November 7th.
About WVS Financial
WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services to residents and businesses. The company offers deposit products, including regular savings accounts, demand accounts, negotiable order of withdrawal accounts, money market deposit accounts, and certificates of deposit, as well as individual retirement account certificates.
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